Key Updates:
- Celebrating 222 Dispensaries! The New York cannabis market has reached a significant milestone with the opening of 222 dispensaries, providing greater access to safer, regulated products for consumers across the state. This achievement highlights the rapid growth of our industry and our commitment to supporting local businesses. Join us in reinvesting in our New York State communities and visit a dispensary near you today!
- Cannabis Control Board (#NYCCB) October 10th Meeting
Women Leading in NY Cannabis: The #NYCCB is now women-led. With women holding less than 30% of executive positions and less than 20% in ownership across the country, this achievement marks a significant step toward achieving gender equity in the cannabis space.
Medical Cannabis Expansion: The CCB approved three new Registered Organizations (RO) to better support unserved and underserved areas of the State, prioritizing diversity and inclusion. Approved applicants include:
- Nonna Farms LLC,
- NYRO Partners LLC,
- and RVNY-Ops, Inc.
- NOTE: All RO’s have a commitment to affordable, sustainable, and culturally competent cannabis services. More will be approved on a rolling basis.
Licensing Operation Progression – Single Point of Contact (SPOC): At the CCB meeting, OCM announced that it has streamlined and centralized its operations, creating a single point of contact process, enhancing communication and transparency with applicants.
#NYCannabis Market Growth: With sales nearing $700 million and the opening of over 200 legal adult-use stores, the New York cannabis market continues to thrive, with non-flower products leading the way at 52% of sales, flower at 37%, vaporizers at 27%, pre-rolls at 11%, and edibles at 14%.
OCM Transitions & New Hires: The OCM is pleased to announce key personnel changes within our team:
- Vanessa J. Cheeks joins us as the new Deputy Director of Communications, bringing a wealth of experience to enhance OCM outreach efforts.
- Kevin Brennan steps in as the Deputy Director of Market Analysis, where he will focus on data-driven insights to support OCM initiatives.
- Tabatha Robinson is transitioning into the role of Acting Chief Equity Officer, continuing her commitment to advancing equity in the #NYcannabis space.
- Tom Donohue is transitioning into the position of Acting General Counsel, where he will provide crucial legal guidance as we navigate the evolving #NYcannabis landscape.
